Nintendo Investors Thread

[ulieq]

OceanJ said:

Just how much Cash does Nintendo have, anyway?  Let's figure it out.

Below is a table of Nintendo's Current Assets from their latest Financial Report (million yen): 

Cash and Deposits	478,153
Notes and accounts receivable-trade	45,732
Short-term investment securities	402,446
Inventories	117,176
Other	136,760
Allowance for doubtful accounts	(362)
TOTAL CURRENT ASSETS	1,179,906

"Current Assets" just means what Nintendo has that can reasonably & readily be converted into Cash within about a year.

Cash & Deposits - Nintendo has 478,153,000,000 billion Yen in the bank.  At today's exchange rates, that's about:  $5,433,556,818.00  Billion U.S. 

The other item we can add to Cash & Deposits, is Short-Term Investment Securities.  We get:

880,599,000,000 Billion Yen...or about $10,006,806,818 (billion dollars).

Nintendo has a lot of money just sitting in the bank...

10Bill vs. a 14.4Bill market cap?    This cant be true?